Xinhua Headlines: China's foreign trade maintains resilience despite headwinds

* China's goods imports and exports rose 2.5 percent year on year in the first five months of 2025, driven by the country's efforts to optimize its trade structure and stabilize growth.

* In the face of a more complex and challenging international situation, China's foreign trade has overcome difficulties and withstood pressure, demonstrating strong resilience.

* ASEAN remained China's largest trading partner in the January-May period. Meanwhile, with structural improvements in foreign trade, high-tech product exports performed strongly in the first five months of 2025, rising 6.1 percent year on year in U.S.-dollar term.

BEIJING, June 9 (Xinhua) -- China's foreign trade demonstrated resilience in the first five months of 2025, with total trade value rising 2.5 percent year on year, driven by the country's efforts to optimize its trade structure and stabilize growth.

The growth rate marked an increase of 0.1 percentage points compared to that registered in the first four months of 2025. The total value of goods imports and exports in yuan-denominated terms stood at 17.94 trillion yuan (about 2.5 trillion U.S. dollars) in the January-May period, according to the General Administration of Customs (GAC) data released Monday.

During the first five months of 2025, China's exports rose 7.2 percent year on year to 10.67 trillion yuan while imports fell 3.8 percent to 7.27 trillion yuan, the data showed.

STRONG RESILIENCE

Lyu Daliang, director of the GAC's Department of Statistics and Analysis, said China's goods trade has maintained "relatively strong resilience" despite external pressures, as the country's economy has continued its recovery trend since the beginning of the year.

"In May, China's foreign trade continued its growth trend, with the pace of expansion accelerating notably following the high-level China-U.S. economic and trade talks (held in Geneva last month)," the official said.

In May alone, China's total goods imports and exports in yuan-denominated terms rose 2.7 percent year on year. Goods exports rose 6.3 percent year on year, while imports went down 2.1 percent, according to the data.

"In the face of a more complex and challenging international situation, China's foreign trade has overcome difficulties and withstood pressure, maintaining stable growth and demonstrating strong resilience," said Wang Xuekun, head of the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce.

This resilience has been underpinned by dedicated efforts to boost trade at the local level. In east China's Jiangsu Province, the provincial government has pledged increased funding to support exporters' participation in overseas exhibitions. Since the beginning of the year, it has helped more than 1,400 companies take part in over 120 exhibitions overseas.

In southwest China's Chongqing Municipality, cross-border freight vehicles carrying Chinese products, such as motorbike components and agricultural machinery, can reach Vietnam in as little as two days after clearing customs in Chongqing.

Thanks to the timeliness and flexibility of the road transport corridor, Chongqing's cross-border freight trucks transported goods worth 5.7 billion yuan in the first five months of 2025, marking a 4.3-fold increase year on year.

STRUCTURAL IMPROVEMENTS

Monday's GAC data also showed continued structural improvements in China's foreign trade. High-tech product exports performed strongly in the first five months of 2025, rising 6.1 percent year on year in U.S.-dollar term, while exports of mechanical and electrical products grew by 8.1 percent over the same period.

In terms of trading partners, ASEAN remained China's largest trading partner in the January-May period. During this period, trade between China and ASEAN totaled 3.02 trillion yuan, a year-on-year increase of 9.1 percent.

During the same period, China's trade with the European Union went up 2.9 percent year on year to nearly 2.3 trillion yuan, while its trade with the United States decreased by 8.1 percent year on year to 1.72 trillion yuan, according to the data.

Trade with Belt and Road partner countries rose 4.2 percent to 9.24 trillion yuan, and trade with African countries hit a record high, with the China-Africa trade volume increasing 12.4 percent to 963.21 billion yuan during the period.

Wang said that against the headwinds of rising unilateralism and protectionism, China would rise to the challenges and take multiple measures to properly handle trade frictions and stabilize foreign trade.

According to him, these measures include seizing trade opportunities by diversifying trading partners and supporting Chinese exporters in exploring the domestic market through promotional campaigns and channels such as supermarkets and e-commerce platforms to sell high-quality foreign trade products. 

Wang also emphasized the need for greater support for foreign trade enterprises, calling for enhanced government efforts to help companies secure deals through matchmaking services at major trade exhibitions, as well as increased financing support.  ■

(Video reporters: Zhu Shaobin, Huo Siying, Wang Ruiping, Qiu Qingyi, Lu Hao, Wu Haotian; Video editors: Hong Ling, Liu Xiaorui, Wei Yin)